Reuters

The German government wants to extend beyond 2020 CO2-related compensation for energy-intensive industry, sources close to the coal commission told Reuters. The economy ministry proposed extending a refund they receive for surcharges on the electricity price that reflect the carbon emissions prices paid by power producers, reports Markus Wacket. The compensation aimed at securing international competitiveness recently amounted to almost 300 million euros per year, but much higher sums are expected in the future due to the increase in the price for CO2 emission certificates, according to the German version of the article.